The Board of AB Bank Limited has appointed Mr. Muhammad A. (Rumee) Ali as its Chairman with effect from April 20, 2019.
Mr. Muhammad A. (Rumee) Ali is an iconic banker with extensive and wide-ranging experience as CEO, Board Member, and Chairman of several institutions.
He started his career with ANZ Grindlays Bank (Bangladesh) in 1975 after completing his Masters in Economics from Dhaka University. In 1997, he was the first Bangladeshi to be appointed as the CEO of the Bank’s Bangladesh operations. After acquisition of this bank by Standard Chartered Group in 2000, he was selected to be the first CEO of the combined operations of these two banks as Standard Chartered Bank.
In November, 2002 he joined Bangladesh Bank as Deputy Governor and was responsible for driving the regulatory reforms in the country’s banking sector, especially in the Risk Management and Corporate Governance areas. He, very successfully, worked as a central banker for four years.
He has repeatedly proven himself to be an eminently capable leader in a number of high profile executive appointments. Mr. Rumee Ali served as Managing Director, Enterprises & Investments at BRAC. During this period he was Chairman of BRAC Bank Ltd. and founder Chairman of bKash Limited the first mobile financial system in Bangladesh. He has also served as a member of the Board of BRAC and BRAC International.
In the past he served on the boards of Alliance for Bangladesh workers Safety (USA), Global Alliance for Banking on Values and Performance Based Funds Initiative of IFC/World Bank Washington, PKSF, Bangladesh. He was made a Fellow of the Institute of Bankers, Bangladesh in 2001. In addition, he has participated in many international forums as key- note speaker and panelist.
Mr. Rumee Ali, is also currently the CEO of Bangladesh International Arbitration Centre.
Mr. Ahmed is also the Chairman of Elite Paint Group and the Managing Director of Elite International Ltd., Hexagon Chemical Complex Ltd. and Ahmed Securities Services Ltd. among others. Apart from business activities, Mr. Feroz is also involved with various Socio-Cultural, Philanthropic and Sports organizations. He was associated with the Bangladesh Cricket Board (BCB) as its AD-HOC Executive Committee Member. He is also a Member, Board of Trustees, Chittagong Independent University, life member of Chittagong Zila Krira Sangstha and member of Chattagram Mohanagari Krira Sangstha. He also a life member of Red Crescent Society, Chittagong, Maa O Shishu Haspatal, Chittagong.
Mr. Kaiser A. Chowdhury is a banking professional, with a work – experience that spans four decades. Mr. Chowdhury started his career with ANZ Grindlays Bank (1975 – 1999), where he spent most of his time in the credit arena including a stint at Grindlays International Training Centre, Chennai, India as a credit instructor. He served ONE Bank Limited (1999 – 2005) as its Deputy Managing Director, AB Bank Limited (2005 – 2012) as its President & Managing Director and Meghna Bank Limited (2013 – 2014) as its founder Managing Director & CEO. He was also the Principal of Dhaka Bank Training Institute (2015-16).
Mr. Khairul Alam Choudhury, Barrister-at-Law is a Director of AB Bank Limited. He graduated from University of Wolver Hampton, UK in 2001. Thereafter, Mr. Choudhury obtained his post graduation from the City University, UK in 2002 and was also called to the Bar from Lincoln’s Inn, London in 2002. Mr. Choudhury is a practicing lawyer of the Supreme Court of Bangladesh.
Mr. Shafiqul Alam joined AB Bank as Independent Director with effect from September 7, 2020. Mr. Alam, a seasoned banker having 40 years of banking experience served in different Senior Management Positions in local and multinational banks. He obtained his M.Sc degree from the University of Dhaka.
Mr. Alam started his career with ANZ Grindlays Bank (Bangladesh) in 1980, and served Prime Bank, First Security Islami Bank, United Commercial Bank and during 2013-2019 he was Managing Director & CEO of Jamuna Bank.
Mr. Tarique Afzal joined AB Bank in 2018 as Deputy Managing Director – Head of Corporate, Legal & Regulatory Affairs. Subsequently he has been appointed as the President & Managing Director with effect from July 08, 2019.
Prior to joining AB Bank he was the Chief Executive Officer of Sonali Polaris Financial Technology Limited a joint venture of Sonali Bank and Polaris, India.
Mr. Tarique Afzal, to his credit, has impressive overseas work experiences and worked in London during the late 1980s and in Credit Union in Canada, later served in ANZ Grindlays Bank and Standard Chartered Bank in Bangladesh.
He also worked in Bank Alfalah, BRAC Bank and served as the CEO for Dun & Bradstreet Rating Agency in Bangladesh.
His core competencies are creating new business streams, operational efficiency, performance improvements and regulatory relationships.